1-bed · 796 sqftRoyal Bay, Palm Jumeirah · 1st floor · completed 2017

104, Royal Bay

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 1.64M2 October 2017
Current rentAED 115K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Royal Bay

What is 104 worth today?

Last sold for AED 1,640,000 in 2017

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5 Sep 2025RentedNew contract
AED 115,000/yr12 months · AED 144 per sqft
2 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 144 per sqft
9 Aug 2021RentedRenewal
AED 78,000/yr12 months · AED 98 per sqft
9 Aug 2020RentedNew contract
AED 78,000/yr12 months · AED 98 per sqft
2 Oct 2017SoldReady
AED 1,640,000AED 2,060 per sqft
11 May 2016Sold by developerOff-plan
AED 2,000,000AED 2,512 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
1-bed hotel apartment
Size
796 sqft
Floor
1st of 9
Parking
B-1
Developer
Azizi Developments
Completed
2017
Service charge
AED 16,700 /yr
Last sold
AED 1.64M · October 2017
Building
Royal Bay

About 104, Royal Bay

104 is a one-bedroom hotel apartment of 796 sqft on the 1st floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. It last sold on 2 October 2017 for AED 1,640,000, or AED 2,060 per sqft, 12% below the AED 2,352 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 5 September 2025, is AED 115,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 16,700 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in Royal Bay
1.5M2M2016201920222025Typical sale price by year: 2016 AED 2,151,621; 2017 AED 2,201,158; 2021 AED 1,398,547; 2022 AED 1,550,000; 2023 AED 1,950,000; 2024 AED 1,827,450; 2025 AED 1,750,000Sold by developer, May 2016: AED 2,000,000 (AED 2,512 per sqft)Sold, October 2017: AED 1,640,000 (AED 2,060 per sqft)

104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 104, each contractTypical one-bed in Royal Bay
75K100K125K2018202120242027Typical rent by year: 2018 AED 102,500; 2019 AED 95,000; 2020 AED 72,500; 2021 AED 79,000; 2022 AED 100,000; 2023 AED 112,308; 2024 AED 117,000; 2025 AED 120,000; 2026 AED 127,500New contract, August 2020: AED 78,000 a yearRenewal, August 2021: AED 78,000 a yearNew contract, September 2024: AED 115,000 a yearNew contract, September 2025: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Royal Bay, and where 104 sits

All 56 1-beds →

104 last sold in October 2017 at AED 2,060 per sqft, 12% below what one-beds in Royal Bay were fetching at the time (AED 2,352). 104's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jun 20251,750,000
12 Jun 20251,950,000
9 Jun 20251,700,000
22 May 20251,650,000
0 1-bed sales in the last 12 months

Royal Bay

Building

90 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2017 by Azizi Developments. 3 sold in the last 12 months.

Typical price per sqft
AED 2,406
Typical sale
AED 3.55M
Typical rent
AED 135K /yr
Typical yield
5.5%
Royal Bay, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 90 units in Royal Bay
Value
1011-bedAED 1.26M · May 2024
1021-bedAED 2.01M · Nov 2022
1031-bedAED 1.83M · Apr 2024
1051-bedAED 1.57M · Apr 2024
1061-bedAED 1.75M · Jun 2025
1071-bedAED 2.4M · Aug 2016
1082-bedAED 3.3M · Jan 2017
1–7 of 10

104, Royal Bay in numbers

  • Sold twice: first on 11 May 2016 for AED 2,000,000, last on 2 October 2017 for AED 1,640,000 (AED 2,060 per sqft).
  • Rented since August 2020 on 4 Ejari contracts, from AED 78,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 16,700 a year (AED 20.94 per sqft).

Source: Dubai Land Department. Updated 5 September 2025.

Questions about 104, Royal Bay

What did unit 104 last sell for?

AED 1,640,000 on 2 October 2017: AED 2,060 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 2,000,000 in May 2016.

What is the rent for unit 104?

AED 115,000 a year on the contract signed on 5 September 2025. The previous contract, from September 2024, was AED 115,000; the unit has been rented since August 2020.

How big is unit 104?

796 sqft (74.0 sqm): a one-bedroom hotel apartment on the 1st floor of a 9-storey tower completed in 2017.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 104, Royal Bay

Starts from the last sale price (AED 1.64M, 2 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,640,000
Deposit, UAE resident (20%)
AED 328,000
Deposit, non-resident (40%)
AED 656,000
Monthly over 25 years at 3.7%
AED 6,710

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →